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Dec 26, 2012
12/12
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CNNW
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who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than a few mentions in the presidential campaign. probably because it's pretty clear china is boast a competitor and a partner. >> number four, europe. the european union was frared by too much debt and the austerity plan to fix it. that saga is far from over. number three, the housing market, finally, finally bottomed out. the combination of low home prices and continued record-low mortgage rates set off a building and buying spree. well heeled investors began buying entire neighborhoods, but first-time buyers were also able to get a home of their own for the first time in years, as long as they had a hefty downpayment. >>
who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than a few mentions in the...
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224
Dec 27, 2012
12/12
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CNNW
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eye 224
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who can forget superstorm sandy. damages as high as $50 billion raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number 5, china. is china slowing or leading the world? we do know choina will be the biggest economy in the world by 2020, for sure by 203. china getting more than a few mentions during the presidential campaign, probably because it's pretty clear china is both a competitor and a partner. >> number 4, europe. the european union was fractured by too much debt and the us a trty plans to fix it. that saga is far from over. >> number 3, the housing market finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. investors began buying entire neighborhoods but first-time buyers were also able to get a home of their own for the first time in years. as long as they had a hefty down payment. >> number 2. >> cnn projects that barack obama will be reelected president of the united sta
who can forget superstorm sandy. damages as high as $50 billion raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number 5, china. is china slowing or leading the world? we do know choina will be the biggest economy in the world by 2020, for sure by 203. china getting more than a few mentions during the presidential campaign, probably because it's pretty clear china is both a competitor and a partner. >> number 4, europe. the...
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Dec 26, 2012
12/12
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CNNW
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eye 109
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who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l pirti byewee o le3% to a f owfo t utestates. >> number eight, facebook's ipo, hundreds of millions of people like facebook, but investors did not in its first day as a trading company. questions about nasdaq and the company's ability to make money on mobile users pummeled the stock which has yet to climb back to its ipo price. >> number seven, mother meyer. the new ceo of yahoo, who announced she was just going to take a two-week maternity leave as she tried to turn the company around. looks like a mother's touch is just what yahoo needed. >> number six, mother nature. a drought in the midwest th
who can forget superstorm sandy? neighborhoods along the northeast swept away. millions without power, and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending money to fix it. >> number five, china. is china slowing or is china leading the world? we know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china also getting more than femeio ith pannud co-l...
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422
Dec 30, 2012
12/12
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KPIX
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eye 422
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and nine weeks after superstorm sandy, people are still suffering. when the cbs evening news continues. >> happy holidays from kabul, afghanistan, i'm p. f. c. jones from charleston, south carolina, happy new year to my family and friend back home, tops my wife and daughter in germany. i miss you, love you and will see you soon.it comes we understand. milies fa, at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings obstacles. usaa brings advice. call or visit us online. we're ready to help. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden
and nine weeks after superstorm sandy, people are still suffering. when the cbs evening news continues. >> happy holidays from kabul, afghanistan, i'm p. f. c. jones from charleston, south carolina, happy new year to my family and friend back home, tops my wife and daughter in germany. i miss you, love you and will see you soon.it comes we understand. milies fa, at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared...
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Jan 2, 2013
01/13
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WUSA
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eye 135
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shame on congress. >> reporter: superstorm sandy caused over $36 billion in damage in new jersey. governor christie says he was assured by congressional leaders that the aid package would be put to a vote. but house speaker boehner pulled the legislation and did not return christie's phone calls. >> disaster relief was something that you didn't play games with. >> reporter: do you feel betrayed right now, governor? >> yes. if the people of new jersey feel betrayed today by those who did this in the house last night then they have good company, i'm with them. >> reporter: boehner says he pulled the bill because of scheduling problems. but some members of congress questioned how the $60 billion aid package would be spent. new york congressman peter king, a republican, would have none of it. >> congressional republicans never have any trouble finding new york city or new york when it comes to raising money. well, you know, this is a two-way street and if they're not going to help us, why should we even think of helping them? >> reporter: this afternoon, congressional leaders announce
shame on congress. >> reporter: superstorm sandy caused over $36 billion in damage in new jersey. governor christie says he was assured by congressional leaders that the aid package would be put to a vote. but house speaker boehner pulled the legislation and did not return christie's phone calls. >> disaster relief was something that you didn't play games with. >> reporter: do you feel betrayed right now, governor? >> yes. if the people of new jersey feel betrayed today...
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Jan 2, 2013
01/13
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CNNW
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the superstorm sandy relief bill controversy. he said when tragedy strikes, americans come together it to sppt those in need. i urge republicans in the house of representatives to do the same, bring this important request to a vote today and pass it without delay for our fellow americans. >>> international markets reacting positively to the fiscal cliff deal, both asian and european markets made gains today. we'll bring in richard quest from london to talk about the boost we see in international markets. richard, you and i have talked about the fear and chaos. now it seems like we're over this, and there's some good news here, yes? >> yeah. i'm just looking at the numbers at the moment. the dow up 1.6%. in europe we see the footsie closed at 2.2 and you're seeing a strong rally on european and u.s. markets. on the back of this. i would say this is classic relief. it is no more or less. they are breathing a sigh of relief that the worst excesses of the cliff were not realized, but you knew there was one coming, but, of course, nob
the superstorm sandy relief bill controversy. he said when tragedy strikes, americans come together it to sppt those in need. i urge republicans in the house of representatives to do the same, bring this important request to a vote today and pass it without delay for our fellow americans. >>> international markets reacting positively to the fiscal cliff deal, both asian and european markets made gains today. we'll bring in richard quest from london to talk about the boost we see in...
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Jan 3, 2013
01/13
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WJLA
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eye 104
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boehner failed to push blue his plan b and then encured the wrath by not bringing a superstorm sandy bill to a vote. >> the republican leadership has turned backs on new yorkers. >> the democrats still control the senate, the republicans the house. but the new congress is different, more win, more minority and the call, at least to come together. >> to work in friendship and partnership to live up to the legacy of our founders and our aspirations of our constituents. >> that bipartisan saw a display today senator returned after a year abs sense after a stroke and made his way up the steps to get back to work. the nation hoping the rest of congress can do the same. they face a real laundry list of top issues. you have the debt, obamacare sequestration, immigration, all of them but congress gets back to work tomorrow and they are screded to take their first vote -- squeded to take their first vote of the sandy relief package. >> thank you. among the new members sworn into today tim kaine to take the oat of office. jim web is was on hand today swearing in he defeated george allen for th
boehner failed to push blue his plan b and then encured the wrath by not bringing a superstorm sandy bill to a vote. >> the republican leadership has turned backs on new yorkers. >> the democrats still control the senate, the republicans the house. but the new congress is different, more win, more minority and the call, at least to come together. >> to work in friendship and partnership to live up to the legacy of our founders and our aspirations of our constituents. >>...
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262
Dec 30, 2012
12/12
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WRC
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eye 262
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sandy. those beyond repair will be salvaged for parts but insurance companies hope to sell some of them back to people who can fix them up again and drive them, which made us think, have they got a deal for you? >>> new year's day marks the 150th anniversary of one of this country's most important documents, the emancipation proclamation, president abraham lincoln's order that declared slaves in this country forever free. the document is once again on display. and nbc's ron mott has more. >> reporter: though clearly showing its age, fading ink, a yellow patina, the emancipation proclamation still draws undivided attention 150 years later, a document whose aim was to unite a country divided by war. >> it's amazing to see abraham lincoln's signature. >> reporter: today at the national archives in washington you can the frail order consigned to history on january 1, 1863, by president abraham linkson again on public display. showtime, just a few days every year. >> very uplifting experience. it
sandy. those beyond repair will be salvaged for parts but insurance companies hope to sell some of them back to people who can fix them up again and drive them, which made us think, have they got a deal for you? >>> new year's day marks the 150th anniversary of one of this country's most important documents, the emancipation proclamation, president abraham lincoln's order that declared slaves in this country forever free. the document is once again on display. and nbc's ron mott has...
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Jan 3, 2013
01/13
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WETA
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eye 106
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first in the house, a bill to help victims of superstorm sandy. house speaker john boehner nixed the vote in the last hours of 2012, drawing a firestorm of criticism. it comes up in the house in two parts- the first tomorrow, and the other mid-january. >> the next act will begin a couple of months from now, probably in late february, early march, when we hit the debt ceiling and when the automatic spending cuts come into play again, and either have to be replaced with other spending cuts, or again, kicked down the road. >> reporter: these are the same issues that snarled congress in the summer of 2011, and again during the fiscal cliff debate. there's little hope for a better outcome this year. president obama has promised not to negotiate with the new congress on raising the debt ceiling, but republicans are ready to use it to force major federal spending reforms and tame the national debt. right now, the u.s. owes $16 trillion, but some calculate our total liabilities much higher. and as congress jumps from small deal to small deal as they have
first in the house, a bill to help victims of superstorm sandy. house speaker john boehner nixed the vote in the last hours of 2012, drawing a firestorm of criticism. it comes up in the house in two parts- the first tomorrow, and the other mid-january. >> the next act will begin a couple of months from now, probably in late february, early march, when we hit the debt ceiling and when the automatic spending cuts come into play again, and either have to be replaced with other spending cuts,...
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180
Jan 2, 2013
01/13
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CSPAN
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eye 180
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i'll never another get one resident who came up to me the day after hurricane sandy, or superstorm sandy and said i have lost everything, but at least i'm alive. we need to now backstop these individuals. we need to make sure these moneys are there, they flow quickly, be sure they can rebuild and the homes, businesses, and municipalities that have done yeoman's work gather and unite behind them. problems assisted those with hurricane katrina in 2005 in a mere two weeks. we are now past two months. we need to be clear, the president didn't send this up until december 7. there was a loss of several weeks. we do have a bill. it's about 25% less than what the states have said they needed. they said about $80 billion. it's down approximately $60 billion. it is less. le i have seen and run through the numbers our state has sent to this body as well as to the president. they are very well vetted. chris christi used to be a u.s. attorney. many of people are all former prosecutors. they hate waste, fraud, and abuse. and they are trying to ensure that the money is there in the amounts needed to ma
i'll never another get one resident who came up to me the day after hurricane sandy, or superstorm sandy and said i have lost everything, but at least i'm alive. we need to now backstop these individuals. we need to make sure these moneys are there, they flow quickly, be sure they can rebuild and the homes, businesses, and municipalities that have done yeoman's work gather and unite behind them. problems assisted those with hurricane katrina in 2005 in a mere two weeks. we are now past two...
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Dec 31, 2012
12/12
by
CNNW
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eye 298
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super storm sandy. >> this historic superstorm made landfall over the most populated areas of the united states. wind damage, power outages, storm surges, inland flooding, even snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> i've never seen devastation like this in my life. >> the surf here getting much more violent. >> curfew is under way right now. you are not to be on the streets. >> they're keeping an eye on the possibility of flooding. >> superstorm sandy has crippled the nation's biggest transit system. >> talking about flooding, possible power outages that could last for days. >> people just need to be self aware. >> the storm killed at least 113 people in the u.s. and caused tens of billions of dollars in damage. total repairs will take decades. chad myers, cnn. >>> next, the most intriguing people of 2012 as voted on by you. but first, remembering some of those we lost this past year. ♪ but bounty basic can handle them. in this lab demo, bounty basic is stronger than the leading bargain brand. everyday life? bring it. bounty basic. n
super storm sandy. >> this historic superstorm made landfall over the most populated areas of the united states. wind damage, power outages, storm surges, inland flooding, even snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> i've never seen devastation like this in my life. >> the surf here getting much more violent. >> curfew is under way right now. you are not to be on the streets. >> they're keeping an eye on the...
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254
Dec 28, 2012
12/12
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FOXNEWSW
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eye 254
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patti ann: well more misery heaped on a new jersey community still recovering from superstorm sandy. take a look at this. massive street flooding in the town of sea bright yesterday after a river overflowed and combined with the ocean's high tide. homeowners say they were not prepared to handle this again. >> you say to yourself, not again, not again. >> pretty scary. we went through the previous storm and it was bad. and didn't expect another one that quickly. >> it was a little bit more intense than we anticipated. winds were very strong last night. plus we're more vulnerable now because we don't have any sand on the beach. >> it is heartwrenching it really is. but we'll get through it. sea bright is a great town. patti ann: the community is even more vulnerable now because there is so little sand left on the beach after superstorm sandy. gregg: we're getting new videotape of that heavy snow out of canada. take a look at the streets covered knee deep, driving almost impossible. several accidents reported. folks are trying to shovel the snow out of the way. there is no end in sight.
patti ann: well more misery heaped on a new jersey community still recovering from superstorm sandy. take a look at this. massive street flooding in the town of sea bright yesterday after a river overflowed and combined with the ocean's high tide. homeowners say they were not prepared to handle this again. >> you say to yourself, not again, not again. >> pretty scary. we went through the previous storm and it was bad. and didn't expect another one that quickly. >> it was a...
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318
Dec 29, 2012
12/12
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CNNW
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eye 318
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the senate has agreed to provide aid to victims of superstorm sandy. by a 61-33 vote, the chamber passed a measure overing over $60 billion in help. it how heads to the house which must approve the bill by thursday or the frosz consider the money -- process to consider the money must start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey have estimated damages at over $78 billion. >>> the east coast getting ready for some more snow. new york will get a couple inches today while parts of connecticut and eastern massachusetts, they could see more snow by tonight. our bonnie schneider is monitoring the weather for us today. bonnie, how much snow is coming to the northeast? >>> it's -- it varies depending where you are. i'll tell you, outside at this very moment, we have big, white, fluffy flakes hitting washington, d.c. let's take a look. we can take you to the white house. look at that. the snow is coming down. heavy and hard. they're working hard over there. let's take a
the senate has agreed to provide aid to victims of superstorm sandy. by a 61-33 vote, the chamber passed a measure overing over $60 billion in help. it how heads to the house which must approve the bill by thursday or the frosz consider the money -- process to consider the money must start all over again. at least 113 people were killed when superstorm sandy hit in late october. the governors of new york and new jersey have estimated damages at over $78 billion. >>> the east coast...
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202
Dec 26, 2012
12/12
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CNNW
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eye 202
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and number one, superstorm sandy. >> this historic superstorm made landfall over the most populated areas hoft united states. even snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> never seen devastation like this in my life. >> the surf here getting much more violent. >> curfew is under way right now. you are not to be on this street. >> keeping an eye on the possibility of flooding. >> superstorm sandy has crippled the nation's biggest transit system. >> talking about flooding, possible power outages. that could last for days. >> in the city to the countryside, people need to be self-aware. >> the storm killed at least 113 people in the u.s. and caused tens of billions of dollars in damage. total repairs will take decades. chad myers, cnn. >> make sure you join me for the biggest stories of the year in crime, politics, money and even the most scandalous. the top ten of 2012, season sunday night, 8:00 eastern only here on cnn. dayquil doesn't . really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your run
and number one, superstorm sandy. >> this historic superstorm made landfall over the most populated areas hoft united states. even snowstorms are threatening the lives and homes of people from virginia to massachusetts. >> never seen devastation like this in my life. >> the surf here getting much more violent. >> curfew is under way right now. you are not to be on this street. >> keeping an eye on the possibility of flooding. >> superstorm sandy has crippled...
456
456
Dec 28, 2012
12/12
by
WBAL
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eye 456
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i think for all of us, i think around here certainly we've covered superstorm sandy. this was such a tragic event. i mean, a storm like this has not been seen here in this -- for centuries. i think that, you know, obviously the devastating effects that it continues to have on so many areas from the rockaways to new york to connecticut and long island. i was up in the helicopter. seeing that devastation first hand, when you see the scope of it, it's just enormous. >> this year was marked by a lot of tragedy from aurora, benghazi, and of course sandy hook. stories we all covered. there were a few moments of light. the olympics in london being one of them. all three of us were there. the remarkable opening ceremony with the video of the queen jumping out of the helicopter. there were some international moechl moments we can take away. >> no question. it's always amazing to take a look back. we're going to have -- i've been calling it an epic look back. pull up the chair, get out the popcorn. we'll do that later. >>> also, why the price of ill many >>> coming up, russian
i think for all of us, i think around here certainly we've covered superstorm sandy. this was such a tragic event. i mean, a storm like this has not been seen here in this -- for centuries. i think that, you know, obviously the devastating effects that it continues to have on so many areas from the rockaways to new york to connecticut and long island. i was up in the helicopter. seeing that devastation first hand, when you see the scope of it, it's just enormous. >> this year was marked...
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288
Dec 29, 2012
12/12
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CNNW
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eye 288
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. >> and who can forget superstorm sandy? millions of neighbors, their houses swept away without power, damages, and raising questions about infrastructure and whether we should be spending some money to fix it. >>> number five, china, is china slowing or leading the world? we do know that china will be the biggest economy in the world by 2020, for sure, by 2030. china also getting more than a few mentions during the presidential campaign's probably because it is pretty clear, china is both a competitor and a partner. >> number four, europe, the european union was fractured by debt and the plans to fix it. that saga is far from over. >>> number three, the housing market, finally, finally bottomed out. the combination of home prices and continued mortgage rates set off a building and buying spree. well-he well-heeled investors began to buy entire neighborhoods. and homeowners got more with a hefty down payment. >> and cnn predicts that barack obama will be reelected president of the united states. >> the election, more than ju
. >> and who can forget superstorm sandy? millions of neighbors, their houses swept away without power, damages, and raising questions about infrastructure and whether we should be spending some money to fix it. >>> number five, china, is china slowing or leading the world? we do know that china will be the biggest economy in the world by 2020, for sure, by 2030. china also getting more than a few mentions during the presidential campaign's probably because it is pretty clear,...
266
266
Jan 3, 2013
01/13
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FOXNEWSW
tv
eye 266
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meanwhile outrage is growing over superstorm sandy funding. the house pledging to vote on the aid bill as leaders on both sides of the aisle expressed concerns over the delay. chief congressional correspondent mike emanuel live on capitol hill for us now. so, mike, give us the assessment. is speaker boehner in trouble? >> reporter: jon, we're told 25 or 30 conservative members who have reservations about speaker boehner continuing on as speaker of the house of representatives but i talked to a lot of folks here on capitol hill, members, people close to leadership, outside of boehner's team who suggest they do not believe that boehner will be in trouble when push comes to shove, when the house votes in about two hours on the next speaker of the house. a lot of republicans here on capitol hill both in the house and senate are essentially trying to turn the page on the 112th congress and looking forward to fighting for their principles in the new congress. >> our strongest hand are three things and that is the debt ceiling, the continuing resolut
meanwhile outrage is growing over superstorm sandy funding. the house pledging to vote on the aid bill as leaders on both sides of the aisle expressed concerns over the delay. chief congressional correspondent mike emanuel live on capitol hill for us now. so, mike, give us the assessment. is speaker boehner in trouble? >> reporter: jon, we're told 25 or 30 conservative members who have reservations about speaker boehner continuing on as speaker of the house of representatives but i talked...
50
50
Dec 30, 2012
12/12
by
CNNW
tv
eye 50
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superstorm sandy, ripping up the east coast just days before the big election. it was no longer a hurricane when it hit new york and new jersey, but it was horrible just the same, taking lives, devastating thousands of homes and businesses. >> we were out of business for eight days. in 100 years, carlos has never closed for more than a da i. i have to be honest with you, we were lucky. a lot of family, a lot of businesses got destroyed. >>> stunning pictures appeared as millions lost power, some for days, some for weeks. >> i never thought i would find out how long it takes to charge up my eye phone in a honda civic. the first couple of days without power it was like oh, it''s fun. i'm camping inside. the third day i'm going to kill my neighbor for his generator. >> at this point, if you haven't left, don't go out. >> great job, next time get a helmet and anchor. >> speaking of anchors, worst drag on the economy -- the relentlessly bad unemployment rate. sure, it got a little better, but 12 million americans are still out of work. worst realization -- fixing tha
superstorm sandy, ripping up the east coast just days before the big election. it was no longer a hurricane when it hit new york and new jersey, but it was horrible just the same, taking lives, devastating thousands of homes and businesses. >> we were out of business for eight days. in 100 years, carlos has never closed for more than a da i. i have to be honest with you, we were lucky. a lot of family, a lot of businesses got destroyed. >>> stunning pictures appeared as millions...
111
111
Dec 26, 2012
12/12
by
CSPAN2
tv
eye 111
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was completely destroyed by superstorm sandy and we need to replace it. it was filled with water from floor to ceiling, corrosive saltwater which damaged everything. the last thing we want to do is to come back to congress for another $600 million after the next storm hits but we will we have to. it is in the best interest of american taxpayers to protect this critical stage in and other infrastructure elements of the large investments can be wisely spent. as superstorm sandy demonstrated, when the mta to stem a largest regional economy shutdown. it is critical that we make the necessary investments to protect the station and other critical infrastructure elements. our needs are great but more than the new york store your new york need. this is a national issue. a national need. we need the federal government's help not only to get us on the road to recovery but to protect these critical assets in the future. once again, thank you for holding this import hearing and giving me the opportunity to testify today. i will answer any questions later. .. >> our t
was completely destroyed by superstorm sandy and we need to replace it. it was filled with water from floor to ceiling, corrosive saltwater which damaged everything. the last thing we want to do is to come back to congress for another $600 million after the next storm hits but we will we have to. it is in the best interest of american taxpayers to protect this critical stage in and other infrastructure elements of the large investments can be wisely spent. as superstorm sandy demonstrated, when...
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174
Dec 26, 2012
12/12
by
FBC
tv
eye 174
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so blame superstorm sandy. if it is worse than everyone is predicting then perhaps you could blame the fiscal cliff. lori: i think adam might take you out for glass wine after the show. >> we could drink. tracy: we should go shop first, really good sales. >> probably line. there are good sales online. tracy: learn so much about your colleagues. love it. lori: so what happens to america's credit rating if we do go over the fiscal cliff? you will recall last year's debt ceiling debacle resulted in standard & poor's stripping the u.s. of its top rating and now fitch is warning of a possible review. joining us now to discuss this possibility and the ramification senior editor with "the national review" and former campaign manager for dick gephardt's presidential campaign. welcome to you both. ramesh i begin with you. one. topics lost in the shuffle in the fiscal cliff negotiation we're perilously close to running up against the debt ceiling again. what do you think should happen with the debt ceiling? are you reall
so blame superstorm sandy. if it is worse than everyone is predicting then perhaps you could blame the fiscal cliff. lori: i think adam might take you out for glass wine after the show. >> we could drink. tracy: we should go shop first, really good sales. >> probably line. there are good sales online. tracy: learn so much about your colleagues. love it. lori: so what happens to america's credit rating if we do go over the fiscal cliff? you will recall last year's debt ceiling...
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74
Dec 30, 2012
12/12
by
CNNW
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eye 74
favorite 0
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superstorm sandy. ripping up the east coast just days before the big election, it was no longer a hurricane when it hit new york and new jersey, but it was horrible just the same. taking lives, devastating thousands of homes and businesses. >> we were out of business for eight days. i mean, in a hundred years, carlos has never closed for more than a day. i've got to be honest with you, we were lucky. a lot of families, a lot of people, a lot of businesses got destroyed. >> stunning pictures like this one showing black jououts in manhattan appeared as millions lost power, some for days, some for weeks. >> i never thought i would find out how long it takes to charge up my iphone in a honda civic. you know, the first couple days without power, it was fun. it was like, oh, i'm camping inside. the third day, i was like, i'm going to kill my neighbor for his generator. >> best bipartisan problem solving amid the wreckage. republican governor chris christie and democratic president barack obama. best guy too
superstorm sandy. ripping up the east coast just days before the big election, it was no longer a hurricane when it hit new york and new jersey, but it was horrible just the same. taking lives, devastating thousands of homes and businesses. >> we were out of business for eight days. i mean, in a hundred years, carlos has never closed for more than a day. i've got to be honest with you, we were lucky. a lot of families, a lot of people, a lot of businesses got destroyed. >> stunning...
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Jan 3, 2013
01/13
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CSPAN
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sandy that they would not vote for the speaker to be re-elected because they were angry that superstorm sandy legislation was not considered before the adjournment of this congress. but he met with them and assured them that it would be taken up in two separate bills pretty quickly and now those members have all committed to voting for the speaker. so, no one thinks he's going to, you know, come close to losing. but i think you'll see some members either vote present or vote against the speaker. i don't think it will be a terribly high number of people. >> so both some interesting debate and some interesting votes today in the house, when the 113th gavels in. expecting that at about noon eastern. but the u.s. house will be in momentarily here to gavel out the 112th. we stay live here on c-span. if we can briefly go to the senate for a second, there was some talk that they may take up some changes in senate rules. when do we expect discussion on that? >> unlike the house, the senate doesn't have to take or vote on a rules package today. you know, it's what they call a continuing body. so
sandy that they would not vote for the speaker to be re-elected because they were angry that superstorm sandy legislation was not considered before the adjournment of this congress. but he met with them and assured them that it would be taken up in two separate bills pretty quickly and now those members have all committed to voting for the speaker. so, no one thinks he's going to, you know, come close to losing. but i think you'll see some members either vote present or vote against the...
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Dec 26, 2012
12/12
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KPIX
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superstorm sandy and the looming fiscal cliff disrupted the shopping season. >>> and if you are returning my holiday gifts, have your right and a lot of patience. usa today reports 14 of 25 on-line retailers in one study are issuing refunds slower than last year. for in-store returns some retailers have shortened return windows and are charging restocking fees, especially for technology. >> thanks. >>> straight ahead on your morning wednesday news, weather is coming up, and lebron james takes it to the oklahoma city thunder in a rematch of the nba final. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ ♪ i got it made, i got it made ♪ ♪ i got it made fresh at subway ♪ ♪ breakfast made the way i say ♪ [ male announcer ] at subway, you got it made. try a steak, egg white & cheese, tricked out any way you want. subway. eat fresh. but the acidic levels in some foods can cause acid erosio
superstorm sandy and the looming fiscal cliff disrupted the shopping season. >>> and if you are returning my holiday gifts, have your right and a lot of patience. usa today reports 14 of 25 on-line retailers in one study are issuing refunds slower than last year. for in-store returns some retailers have shortened return windows and are charging restocking fees, especially for technology. >> thanks. >>> straight ahead on your morning wednesday news, weather is coming up,...
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Jan 2, 2013
01/13
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CNBC
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sandy. this absolutely enraged pligtss in the northeast, especially that man peter king from new york and others from new jersey, areas still dealing with the storm that destroyed whole communities in late october. you may recall governor christie stood with president obama after the disaster, and some thought that was a political move. withholding the aid was perhaps another political move but either way christie didn't hesitate to point a finger earlier today. >> there's only one group to blame for the continued suffering of these innocent victims. the house majority and their speaker, john boehner. >> reporter: but 90 minutes later new york representative said two votes for funding are forthcoming, one on friday for 9 billion in flood insurance and one in two weeks on another 51 billion. >> whatever reason the speaker decided not to bring it to a vote this week, obviously we disagreed were that and that's in the past. the bottom line is between friday morning and january 15th, those two v
sandy. this absolutely enraged pligtss in the northeast, especially that man peter king from new york and others from new jersey, areas still dealing with the storm that destroyed whole communities in late october. you may recall governor christie stood with president obama after the disaster, and some thought that was a political move. withholding the aid was perhaps another political move but either way christie didn't hesitate to point a finger earlier today. >> there's only one group...
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Dec 28, 2012
12/12
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WJLA
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it appears superstorm sandy took a bite out of metro's already lagging ridership. a report says the storm helped reduce ridership by nearly 10% in october. the transit agency lost nearly 2.5 million trips when it was shut down nearly two days. it lost $13 million in revenue. ridership is already down 5% before sandy hit the d.c. area in late october. excitement is building for sunday's cowboys and redskins game. to there's no denying that. fedex field will be packed and you can expect huge crowds at bars and restaurants and anywhere the game will be on tv. john gonzalez is at fedex field. i've seen pictures in the past on facebook of you. you've been at a lot of games. will you be at this one? >> i will try. it is a late game especially for us. it's the hottest ticket of the year in the d.c. area. the last time the redskins were in the playoffs was in 2006. that's part of the reason why this game was moved to a prime- time hour on national television. this is the big one. i can tell you, fans are really excited. the dreaded dallas cowboys as the opponent. the winne
it appears superstorm sandy took a bite out of metro's already lagging ridership. a report says the storm helped reduce ridership by nearly 10% in october. the transit agency lost nearly 2.5 million trips when it was shut down nearly two days. it lost $13 million in revenue. ridership is already down 5% before sandy hit the d.c. area in late october. excitement is building for sunday's cowboys and redskins game. to there's no denying that. fedex field will be packed and you can expect huge...
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Dec 26, 2012
12/12
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FBC
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giving you a lot of reasons for this most of which they seem to believe was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday shopping season. 4.1% growth over last year, $586 billion season, but others say, no, nrf is off, and, in fact, shopper trek on monday revised from 3.3% to 2.5% growth. expect to see big sales, especially when you consider, nrf says, i think, that retailers make anywhere from 20% to 40% of revenue in the holiday shopping season, could be bad news for a lot of people. ashley: could indeed. adam, thank you very much. >> yep. ashley: there's a holiday hangover today, no doubt about, that but they have to help customers know when a sale is a sale. scott, bbc capital markets retail analyst joining m
giving you a lot of reasons for this most of which they seem to believe was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday...
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Dec 28, 2012
12/12
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CNNW
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sandy. >>> if you're leaving the house, watch us on your desk top or mobile phone, go to cnn.com/tv. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. just like you. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. by the armful? by the barrelful? the carful? how about...by the bowlful? campbell's soups give you nutrition, energy, and can help you keep a healthy weight. campbell's. it's amazing what soup can do. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec
sandy. >>> if you're leaving the house, watch us on your desk top or mobile phone, go to cnn.com/tv. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. just like...
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Dec 27, 2012
12/12
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CNNW
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this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from the ground up. that has a ripple effect. it helps add construction jobs and people need to fill and decorate those houses. and also we have seen the market for new homes steadily improving. sales are now up almost 15% over the year. and that's because of a variety of factors. one of them including those record-low mortgage rates. we don't just talk about the depressing stuff. we have good news in the housing market. >> thanks so much. this just in to cnn. a shakeup in president obama's cabinet. lisa jackson for the environmental protection agency will step down from her post after the president's state of the union speech. she began in 1987 as a scientist. >>> talk back question for you today. will america ever come together on guns? your responses, next. ♪ if loving you is wrong ♪ i don't wanna be right [ record
this is a sharp turn around when superstorm sandy drug down the sales. these numbers give us good indications about how the overall economy is doing. new homes typically are more expensive than previously-owned ones since they are built from the ground up. that has a ripple effect. it helps add construction jobs and people need to fill and decorate those houses. and also we have seen the market for new homes steadily improving. sales are now up almost 15% over the year. and that's because of a...
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Jan 2, 2013
01/13
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government is about helping families recover and rebuild from major disasters like superstorm sandy. in a shocking display of neglect, this house majority decided not to allow a vote on disaster aid funds so desperately needed to recover and repair from this storm. hurricane sandy was one of the most severe storms to hit connecticut in our state's history. all across our region families' houses were destroyed and lives were upended. and whether it has been a fire in the west, a tornado in the midwest, a hurricane in the gulf coast or a storm in the northeast, this body acted. we didn't say no. it was a resounding yes to help because it is the central responsibility of this institution to act on behalf of the american people and yet here we are two months since sandy destroyed thousands of homes and businesses, took 100 lives across this nation. this house majority said no on a vote for disaster assistance to help millions of people get back on their feet again. the republican leadership has broken that contract of citizenship. they have said to my constituents in stratford, in milfor
government is about helping families recover and rebuild from major disasters like superstorm sandy. in a shocking display of neglect, this house majority decided not to allow a vote on disaster aid funds so desperately needed to recover and repair from this storm. hurricane sandy was one of the most severe storms to hit connecticut in our state's history. all across our region families' houses were destroyed and lives were upended. and whether it has been a fire in the west, a tornado in the...
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Dec 30, 2012
12/12
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KBCW
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superstorm sandy slammed into the new york city area and left thousands homeless long the east coast. >> those are our homes. we lost everything. and everything is gone. >> the biggest atlantic storm in history caused billions of dollars and in damages. former penn state assistant football coach jerry sandusky was sentenced to 30 to 60 years in prison for sexually abusing 10 boys. the ncaa took away 13 years of penn state's victories costing the late joe paterno has title as the winningest coach in major college football. >> lance armstrong lost millions in endorsements and walked away from his live strong charity after the u.s. antidoping agency throughout the seven tour de france titles and banned him from cycling. despite overwhelming evident, armstrong maintains he did not use performance-enhancing drugs. john edwards walked after federal prosecutors failed to convince a jury the former presidential candidate misused campaign donations to hide his mistress. the last of nasa's fleet of space shuttles arrived at museums around the country. >> and launch. >> reporter: while the first
superstorm sandy slammed into the new york city area and left thousands homeless long the east coast. >> those are our homes. we lost everything. and everything is gone. >> the biggest atlantic storm in history caused billions of dollars and in damages. former penn state assistant football coach jerry sandusky was sentenced to 30 to 60 years in prison for sexually abusing 10 boys. the ncaa took away 13 years of penn state's victories costing the late joe paterno has title as the...
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Dec 26, 2012
12/12
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KPIX
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experts blamed superstorm sandy and the looming "fiscal cliff" for disrupting shopping. back to you. >> thank you, erica ferrari in new york. >>> and -- >> and -- >> go ahead. >>> holiday sales grew at a weak pace, weakest in four years. mastercard reports the sales in the two months before increased just .7% over last year. >>> new evidence that the bay area job market is in recovery mode right now. a new check of the numbers finds the boom that began in the silicon valley tech sector is broaden. the "oakland tribune" found construction was the fastest growing industry in the bay area just over the last year and there's also growth in retail, wholesale trade, manufacturing, and hospitality businesses. >>> college graduates are struggling to find jobs in their chosen career paths. as cbs 5 reporter grace lee reports, the number of young california grads working in restaurant or retail has doubled in the last five years. >> reporter: when you're shopping this holiday season, or eating out, take a look around. you might notice i lot more people under 30 working those jobs.
experts blamed superstorm sandy and the looming "fiscal cliff" for disrupting shopping. back to you. >> thank you, erica ferrari in new york. >>> and -- >> and -- >> go ahead. >>> holiday sales grew at a weak pace, weakest in four years. mastercard reports the sales in the two months before increased just .7% over last year. >>> new evidence that the bay area job market is in recovery mode right now. a new check of the numbers finds the...
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Dec 28, 2012
12/12
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FOXNEWSW
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sandy. >> the winds were very strong last night. plus we are more vulnerable now because we don't have any sand out on the beach. >> we went through the previous storm and it was bad. i didn't expect another one that quickly. >> and harris, forecasters predicting an additional 4-8-inches of snow overnight in maine. back to you. >> harris: and ney kooiman thank you very much. let's learn more about what is coming. >> watching the storm moving east of new england. see it almost in the swirl in the cloud cover. there located in the large circulation coming around the storm. still strong windy conditions through the northeast and heavy snows flying across northern new england on into northern maine. the storm did leave behind a swath of snow west of new york city and into southern new england. a 4-8-inch swath of snow and up towards northern and central new england those areas picking up 10-15-inches of snow. not great news for travelers but better news for the ski resorts which had a devastating winter last year. >> harris: we still ha
sandy. >> the winds were very strong last night. plus we are more vulnerable now because we don't have any sand out on the beach. >> we went through the previous storm and it was bad. i didn't expect another one that quickly. >> and harris, forecasters predicting an additional 4-8-inches of snow overnight in maine. back to you. >> harris: and ney kooiman thank you very much. let's learn more about what is coming. >> watching the storm moving east of new england....
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Dec 29, 2012
12/12
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CNNW
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the senate late tonight approving a $60.4 billion bill to rebuild after superstorm sandy. now, it goes to the house, but if both chambers fail to agree on a package before the current congressional term expires, then everyone will have to start again from scratch. >>> keeping them honest, this has been the least productive congress in modern history. at last count, a little more than 200 bills enacted. by comparison, the 80th congress, which then-president harry truman called the do-nothing congress, it managed to pass 906 bills into law. think about that as you watch the next report about one of the few things lawmakers seem to agree on, dismantling a little known office that's designed for one simple thing, keeping them honest. >> what is outrageous about it is you see members of congress on both sides saying they have zero tolerance for unethical conduct, but behind closed doors, they're quietly trying to kill the one body in congress that is trying to seriously go after unethical members. >> melanie sloan is director of c.r.e.w. or citizens for responsibility and ethic
the senate late tonight approving a $60.4 billion bill to rebuild after superstorm sandy. now, it goes to the house, but if both chambers fail to agree on a package before the current congressional term expires, then everyone will have to start again from scratch. >>> keeping them honest, this has been the least productive congress in modern history. at last count, a little more than 200 bills enacted. by comparison, the 80th congress, which then-president harry truman called the...
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Jan 2, 2013
01/13
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CNBC
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sandy aid. that was something that people were looking for. >> this is absolutely indefensible. the fact is every bit of documentation that was required by the leadership of the house was provided by governor cuomo, governor christie, merritt blob, everybody played -- mayor bloomberg, everybody played by the rules except tonight. indefensible. we have a moral obligation. the people are out of their homes, the people who are cold, the people without food, the people who have lost their jobs, they don't have the time to wait. we cannot just walk away from our responsibilities. >> and the senate had passed a $60.4 billion sandy disaster aid bill last week. the current session comes to an end today after the new congress gets sworn in. legislation does not, though, carry over from session to session. so consideration of an aid bill would have to start all over again if nothing is scheduled before then. joe? >> back and forth on this was whether it's direct aid or not, in the house they said that the
sandy aid. that was something that people were looking for. >> this is absolutely indefensible. the fact is every bit of documentation that was required by the leadership of the house was provided by governor cuomo, governor christie, merritt blob, everybody played -- mayor bloomberg, everybody played by the rules except tonight. indefensible. we have a moral obligation. the people are out of their homes, the people who are cold, the people without food, the people who have lost their...
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Jan 2, 2013
01/13
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FOXNEWSW
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jon: superstorm sandy caused so much devastation when it slammed into the northeast. the senate approved billions of dollars in aid to help the victims. why those affected won't be seeing any of that money anytime soon. [gunfire] >>> plus one of the deadliest attacks in weeks in syria as the violence there only gets worse. how much longer than the assad regime last? ambassador john bolton with his thoughts next. [ male announcer ] eligible for medicare? that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help save you up to thousands in out-of-pocket costs. call today to request a free decision guide. with these types of plans, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. join the millions who have already enrolled in the onl
jon: superstorm sandy caused so much devastation when it slammed into the northeast. the senate approved billions of dollars in aid to help the victims. why those affected won't be seeing any of that money anytime soon. [gunfire] >>> plus one of the deadliest attacks in weeks in syria as the violence there only gets worse. how much longer than the assad regime last? ambassador john bolton with his thoughts next. [ male announcer ] eligible for medicare? that's a good thing, but it...
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Dec 27, 2012
12/12
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KPIX
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we certainly saw a swing just a couple months ago when sandy came in, superstorm sandy. it wasn't technically a hurricane when it hit shore. talk about sandy a little bit. what happened. what came together and whether something like that is likely to happen again soon. >> that $70 billion storm exceeded even the 100-year projection of new york city and one of the reasons is the caribbean is four degrees warmer than normal and that's the energy that drives hurricane warm water. because the caribbean is hotter than normal and collides with cold air coming in from canada that's what drove the energy that devastated much of the northeast. >> when you look forward to next year in your crystal ball of weather, what do you see? >> no one can predict the future, but we're going to experience more swings more wacky weather, more 100-year storms perhaps. get used to it. it's the new normal. >> is there one type of weather that becomes the more extreme or is it that everything is affected. >> everything is affected. there's two large masses one from canada warm air coming in from t
we certainly saw a swing just a couple months ago when sandy came in, superstorm sandy. it wasn't technically a hurricane when it hit shore. talk about sandy a little bit. what happened. what came together and whether something like that is likely to happen again soon. >> that $70 billion storm exceeded even the 100-year projection of new york city and one of the reasons is the caribbean is four degrees warmer than normal and that's the energy that drives hurricane warm water. because the...
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sandy as early as friday. this new effort comes after a day of sharp such from both sides of the aisle. democrats and republicans are upset that boehner decided last night to pull a vote on the $60 billion bill. they say the money is needed right now, but people are hurting. the storm rallied today, but they are signs that investors erelief may not last long. fights over the debt ceiling and budget are looming. >> those looming aspects of the crisis such as sequestration have a major impact on virginia. david culver reports that even lawmakers in the same party can agree on the best action to take. >> reporter: we spoke with two democratic congressmen from northern virginia. nomarally they vote the same on big issues, but when it comes to this fiscal cliff legislation, they were on opposite side both democrats, both representing northern virginia, but on this issue of the fiscal cliff, they did not great. congressman connolly voting for the legislation. >> this was not a very solution-oriented congress, but th
sandy as early as friday. this new effort comes after a day of sharp such from both sides of the aisle. democrats and republicans are upset that boehner decided last night to pull a vote on the $60 billion bill. they say the money is needed right now, but people are hurting. the storm rallied today, but they are signs that investors erelief may not last long. fights over the debt ceiling and budget are looming. >> those looming aspects of the crisis such as sequestration have a major...
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Jan 2, 2013
01/13
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CURRENT
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funding for recovery from superstorm sandy. >> stephanie: republicans didn't think that was timely or important. >> it made obama look good. so they hate it. the whole idea. >> stephanie: the president. >> obama: the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama. not scare the heck out of folks quite as much. >> you know what? it's going to happen again in two months. >> a little less drunken lunacy from boehner. >> stephanie: deb in california. hi deb. >> caller: happy new year. >> stephanie: happy new year. >> caller: there's confetti all over the house right now just for the three of you. >> yea! >> caller: so i'm calling because we were awake and paying attention to news channels and things on the new year's eve time. and really we can't let the -- even the senate republicans and the congressional -- the house of representatives, we call them the house of republicans but we shouldn't let them get off the hook because we did go over the fiscal cliff. that was what was being reported
funding for recovery from superstorm sandy. >> stephanie: republicans didn't think that was timely or important. >> it made obama look good. so they hate it. the whole idea. >> stephanie: the president. >> obama: the one thing that i think hopefully in the new year we'll focus on is seeing if we can put a package like this together with a little bit less drama. not scare the heck out of folks quite as much. >> you know what? it's going to happen again in two...
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Dec 27, 2012
12/12
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FBC
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sandy. we had to change our plans last night and stay here ritter and traveling north because the road conditions deteriorated so quickly. we still have several inches on the ground. i spoke with the council president who says she is happy the conditions are not any worse and this wasn't a major blizzard for them. >> it is a snow that hasn't been a difficult one. last year we had a budget surplus. as long as a pretty safe, we like winter sports. >> also able to stockpile assault from last your using that to solve the roadways here this year. as far as travel goes for holiday folks over the river and through the woods trying to make it home there were 1600 flight cancellations yesterday and now we are reporting over 500 today. as far as airports bill la guardia and newer car operating on a 1-hour delay. back to you. dennis: thank you. loving that hat. it is almost a quarter till. every 15 minutes stocks now, stocks are still sucking wind. nicole: we are seeing the dow not too far off of sessi
sandy. we had to change our plans last night and stay here ritter and traveling north because the road conditions deteriorated so quickly. we still have several inches on the ground. i spoke with the council president who says she is happy the conditions are not any worse and this wasn't a major blizzard for them. >> it is a snow that hasn't been a difficult one. last year we had a budget surplus. as long as a pretty safe, we like winter sports. >> also able to stockpile assault...
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Dec 27, 2012
12/12
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sandy that they need to be on their toes. gregg: anna kooiman, live just north of scranton, pennsylvania. thank you very much. patti ann: unfortunately this is the just the beginning for the northeast. winter storm warnings still in effect for most of that region as well as michigan. according to flightware.com, more than 1700 flights were canceled yesterday and more than 350 flights nationwide have been already canceled today. gregg: we are getting word from a spokesman for former president h.w. bush saying mr. bush has been moved now to intensive care. he is in guarded condition. he is 88 years old and the former president has been hospitalized in houston since november 23rd. bronchitis and a lingering cough. we'll get a live report on his condition later on in the newscast. patti ann: those are just some of the many stories we're following this morning in "america's newsroom." still to come a new battle over the president's health care law and the supreme court's latest ruling against one of america's largest companies and
sandy that they need to be on their toes. gregg: anna kooiman, live just north of scranton, pennsylvania. thank you very much. patti ann: unfortunately this is the just the beginning for the northeast. winter storm warnings still in effect for most of that region as well as michigan. according to flightware.com, more than 1700 flights were canceled yesterday and more than 350 flights nationwide have been already canceled today. gregg: we are getting word from a spokesman for former president...
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Dec 27, 2012
12/12
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CNNW
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and who can forget superstorm sandy. neighborhoods along the northeast swept away, millions without power and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china. >> china also getting more than a few mentions during the presidential campaign, probably because it's pretty clear that china is both a competitor and a partner. >> number four, europe. the european union was fractured by too much debt and the austerity plans to fix it. that saga is far from over. number three, the housing market. finally, finally bottomed out. the combination of low home prices and continued record low mortgage rates set off a building and buying spree. well-healed investors began buying entire neighborhoods, but first-time buyers were also able to g
and who can forget superstorm sandy. neighborhoods along the northeast swept away, millions without power and damages as high as $50 billion, raising lots of questions about u.s. infrastructure and whether we should be spending some money to fix it. >> number five, china. is china slowing or is china leading the world? we do know that china will be the biggest economy in the world by 2020, for sure by 2030. >> china. >> china. >> china. >> china. >> china....
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Dec 27, 2012
12/12
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FBC
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sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern for the consumer back in october. the national retail federation had projected holiday sales would go up about 4.1%. adam: yep. >> that is some growth but it is nowhere near the 5.6% we saw lt year. there is a little bit of a slowdown. also we have to look at the consumer sentiment numbers. it is coming in at the month of december around 72 points. that is 10 points less than at its high in july. so we're definitely seeing that consumer slowdown happen even way before the fourth quarter. adam: you're with therf. you're with the national retail federation, are you not. >> no. i'm an independent analyst. adam: excuse me. a lot of people like the nrf but what are the repercussions whether for the nrf or anybody? nrf, they're sticking to it. they're not revising their pre
sandy. >> right. adam: at the end. day are consumers pulling back? doesn't matter if it was the storm or fear they're pulling back, right. >> that was a real good point you made. mastercard said this these numbers were becoming a concern for the consumer back in october. the national retail federation had projected holiday sales would go up about 4.1%. adam: yep. >> that is some growth but it is nowhere near the 5.6% we saw lt year. there is a little bit of a slowdown. also we...